Financial Updates – Page 11 – Financial Updates

Leadership Shakeup at Abraaj Spurs New Fundraising Strategy and Governance Overhaul

Abraaj has hired former Atlantic-Pacific Capi...

The hire is aimed at rebuilding Abraaj’s fund...

Bourgeois’s distribution experience at Atlant...

His success will hinge on visible improvement...

Remembering Daniel J. Prendergast IV: Pioneer of Park Hill & PJT Partners Legacy

Americas Firms Banking

Daniel John Prendergast IV was a senior inves...

Born in Philadelphia in 1959, he studied at W...

He died on February 23, 2019, at age 59 after...

His legacy centers on building a leading alte...

Partners Group’s Asia Expansion: How Evergreen Funds & Performance Fees Drive AuM Growth

Asia Firms Banking

Partners Group has reshaped its Asia leadersh...

The three co-heads split responsibilities acr...

Assets under management grew from USD 152 bil...

Fundraising is increasingly driven by evergre...

Rede Partners Raises €12B from Asia After HK Expansion, Deepens Private Markets Role

Asia Firms Banking

Rede Partners opened a Hong Kong office in Ma...

The move targets a “step-change” in Asian LP ...

By September 2024 Rede had a seven-person Asi...

Hong Kong serves as a hub for deepening LP re...

Mountaingate Secures $570M Fund III, Pushes AUM Past $1.4B with Institutional Backing

Americas Firms Banking

Mountaingate Capital closed its third flagshi...

The raise lifts the firm’s total assets under...

Fund III continues Mountaingate’s focus on lo...

A diversified global LP base and rapid scalin...

Richard C. Blum’s Legacy: Investment, Philanthropy & Political Impact

Americas Firms Banking

Richard C. Blum (1935–2022) was a prominent A...

He built his fortune through value-oriented i...

Blum was deeply committed to Himalayan and Ti...

His extensive roles as UC regent, corporate b...

CBRE Boosts Profits and Raises Leadership Profile Amid Strong Q3 2025 Results

Americas Firms Real Estate

Richard “Dick” Blum, 78, stepped down as CBRE...

Ray Wirta, 70, an experienced real estate exe...

The leadership change followed an annual shar...

CBRE framed the transition as timely given st...

Richard C. Blum: Investing Legacy, UC Regents Conflicts, and Estate Fallout

Americas Firms Banking

Richard C. Blum (1935–2022) was a wealthy San...

He built his fortune through Blum Capital and...

Blum faced persistent conflict-of-interest al...

After his 2022 death and Feinstein’s 2023 pas...

Richard C. Blum’s Complex Legacy: Power, Profit, and Philanthropy

Americas Firms Banking

Richard C. Blum (1935–2022) was a UC Berkeley...

Blum Capital pursued concentrated, long-term ...

Blum’s marriage to Senator Dianne Feinstein a...

Through the American Himalayan Foundation, th...

DIFC Scores Over 100 Hedge Funds, 81 with USD 1B+ AUM — Soaring Alt-Investment Hub

Global Firms Banking

Dubai International Financial Centre has doub...

The hub now hosts a mix of major global playe...

Growth is driven by Dubai’s regulatory stabil...

While DIFC is emerging as a top-five global h...